Review of what we know about bitcoins

Just checking again since we are working for bitcoins its good to review the basic principles that is inherent with bitcoins when it was created by Nakamoto ? 

Did you know that it all started as a script here's the whitepaper of Satoshi Nakamoto the one who created this bitcoin  which is now valued at  $2300 and the world is getting crazy of getting and working with bitcoin . 

https://bitcoin.org/bitcoin.pdf

The link to the white paper of Satoshi Nakamoto about bitcoin

The abstract of the bitcoin : Peer to Peer Electronic Cash System

Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they'll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone. 

The video that describes what is discussed on the white paper of Satoshi Nakamoto 

Its decentralized no one owns it , no banks, no institution in between, accounts cannot be frozen, can be used with any country as long as their is internet.  The bitcoins are kept in a digital wallet and the transactions are recorded in a public ledger and is an open source anybody can review it. 

Before you start using Bitcoin, which is still experimental but has been operational without any interruptions for over eight years, there are a few things that you need to know in order to use it securely and avoid common pitfalls.

First, Bitcoins are impossible to counterfeit or inflate.

Second, you can use them to send or receive any amount of money, with anyone, anywhere in the world, at very low cost. Bitcoin payments are impossible to block, and bitcoin wallets can’t be frozen.

Third, with Bitcoin you can directly control the money yourself without going through a third party like a bank or Paypal.

Fourth, Bitcoin transactions cannot be reversed or refunded. You should only deal with businesses or people you trust.

FifthTo be valid, a Bitcoin transactions must be confirmed at least once but preferrably 6+ times before it has happened and becomes irreversible.

Sixth, Bitcoin is not anonymous but there is tumbling. All Bitcoin transactions are stored publicly and permanently on the network, which means anyone can see the balance and transactions of any Bitcoin address.

Seventh, you can get bitcoins by accepting them as a payment for goods and services or by buying them from a friend or someone near you. You can also buy them directly from an exchange with your bank account.

Eighth, there is a growing number of services and merchants accepting Bitcoin all over the world. You can use Bitcoin to pay them and rate your experience to help honest businesses to gain more visibility.

Ninth, the Bitcoin industry is always changing and there are many Bitcoin news services to stay up to date.

Bitcoin wallet is very important because this is where you put your money (bitcoins) and use this to make transactions, remember its a peer to peer transaction 

How To Get A Bitcoin Wallet

Setting up your first Bitcoin wallet is simple. There are several quality mobile, desktop, and hybrid wallets available. If you want to do thorough research then you can read our comprehensive guide on how to find the best Bitcoin wallet.

A great path would be:

(1) a mobile wallet like Airbitz (iPhone, Android), CoPay (iPhone, Android) or Mycelium (Android).

(2) acquire bitcoins from a friend, as payment for a good or service or buy bitcoins from one of the many exchanges.

(3) if you decide to store large amounts of bitcoins and want to know they are absolutely safe then use Armory.

If you have questions about bitcoins just comment or ask questions down below 

Working with bitcoins /cryptos based on plan

July 17 2017 value of bitcoin

In line with the guide we had plan about  working with bitcoins we had to organize the bitcoin sites and other links that we had been attached and would be entering soon. 

The following links or sites had been organized  into mined sites, social networking sites , ads and investment sites , faucets and micro wallets. We also had included the problematic sites for readers to see and be aware that this sites are problematic and leading into a scam sites. 

These sites and links will also be found and updated at our page here on our blog on the title Earn Bitcoins Easy Way
and also other pages have to be updated like the Social Networking Sites , Problematic Sites. Looking at the guide you will see the results of daily visiting the sites , working with captcha, buying hashes, interacting on the social network sites and investing as well . 

Just visiting and interacting with all the sites and links takes about three (3) to four (4) hours so maybe later we will just be concentrating with minings, investments and some big payer for faucets. If you will consider the time efforts and resources from day to day put into working for bitcoins its huge so we are expecting later to gain the big fruit. 

The listings below are from the sources and arranged based from the higher payer of bitcoins down to the smallest. A lot of  the sites or bitcoin links have not been verified for payment  since we had only started again these middle of the year  2017  which is  June.  

BITCOIN /Cryptos  LINKS ( May 21 - July 17, 17 )	SAT/ cryptos	$ / REFS	WITHDRAWALS/CO
MINING SITES
https://www.eobot.com/faucet	0.90535200+		all bitcoin/ cryptos
mining result for bitcoin	22693   sat	$0.46	blockchain wallet
mining result for ethereum	3,611	$0.01	ethereum
maning result for litecoin	12454	0.00257	litecoin
mining result for steem	0.00976132	0.00993	steem
mining result for dogecoin	26.02	0.0363	dogecoin
mining result for ripple	0.61750907	,09790858	ripple
mining result for dashcoin	0	0	dash coin
mining result for golem	0.39933592	0.0851347	golem
mining result for xem	3.738	0.36688	xem
mining result for corecoin	0.06178874	0.0019	curecoin
mining result for  xem	1.112315	0.1144716	xem
mining result for USD	0.08136547	0.08163	USD
mining result for grid coin	959,110		gridcoin
cloud seti	1.17242674		ppd /proj climate
https://hashflare.io/r/F87E01BA
SHA 256  0.05 THS   purchase June 30/ 17 = $6	15034	$0.30	satoshis
ETHASh  0.02  MHS   purcahse June 30/  $4.40	136,488	0.000115	etheruem
https://fleex.cc/ref/filicoin	79.14-----120.86	3  REFS	HASH
bitcoin	165696		bitcoin mining
dogecoin	11.65356+		dogecoin mining
litecoin	847300+		litecoin mining
us dollar	0.036755+		dollar
https://www.genesis-mining.com/a/1113251
https://adrianhibbert.swissgoldglobal.com/en/cryptocurrencies
CELLPHONE OR TABLET
code OU4LND for bitmaker app on phone or tablet	552750 blk
xapo -= bitcoins	90,491	$1.82	bitcard/buy-sell
coinbase = ethereum	0.0028 eth	$0.67	buy and sell
SOCIAL NETWORKING SITES
http://coinpole.com/?i=8047	37----3475		5000 faucethub
http://coinsns.com/index.php?s=/lottery/index/index.html	13--21251		btc direct to wallet
http://coinsns.com/index.php?s=/lottery/ethereum/index.html	13--3877		eth direct to wallet
http://www.bitlanders.com/register?c=gr234234__300970__0__0	13   bitmiles	$13	w/draw or purch
AD SITES / TRADING & INVESTMENTS
https://1broker.com/m/r.php?i=4802
http://mellowads.com/?ref=6E040B5DB60D	43558		.001 diect to wallet
http://mypayingcryptoads.com/ref/5020
FAUCETS
http://claim-bitco.in?ref=5714	5,457		150k  2 w/draw
http://moonbit.co.in/?ref=779ac566780e	296     --5197	3	1st w/wallet/now CP
http://bonusbitcoin.co/?ref=29E936CF37A5	116  --10476	1	2 coinpot
http://moonliteco.in/?ref=3de840e59bcd	5987---11000		11k  coinpot
http://freedoge.co.in/?r=49067	0.52----4.728		email or fdogewallet
http://moondoge.co.in/?ref=336ce907d39c	1.78---34.49		new start coinpot
http://getyourbitco.in/439828	65---4000	0	1750 faucet hub
http://worldofbitco.in/215271	65 - 2512	0	2fhub 1745
http://chronox.co.in/358745	61--4036	0	20,000  fau or hub
http://sunbtc.space/284077	59--4573	0	20,000  epay
http://weatherx.co.in/245737	106--2709	0	10000 faucet hub
http://timeforbitco.in/333425	53---1844	0	20000 faucet hub
http://xbit.co.in/faucet/?r=1P1hDfxNvutwdRJEvuDh6qBYvcijeM77jZ
http://url.vin/3v1mC	45----1720		1540  faucet sys
http://www.fautsy.com/?r=1P1hDfxNvutwdRJEvuDh6qBYvcijeM77jZ
http://zap.in/8WpFj	14---435		374  faucethub
SITES ON PROCESSED
http://elenafaucets.com/freebitcoin01/?ref=1AAVSh9XaZiPFGo5iBfQQN6S3LgVJPELSi
http://zap.in/4Sm2H	124-----13407	4	20k to faucet hub
http://elenafaucets.com/freebitcoin02/?ref=1AAVSh9XaZiPFGo5iBfQQN6S3LgVJPELSi
http://zap.in/3VnnC	121-13018		20k to faucet hub
http://elenafaucets.com/freebitcoin03/?ref=1AAVSh9XaZiPFGo5iBfQQN6S3LgVJPELSi
http://zap.in/8cUwG	119---12604		20k to faucet hub
http://elenafaucets.com/freebitcoin04/?ref=1AAVSh9XaZiPFGo5iBfQQN6S3LgVJPELSi
http://zap.in/2Lxqf	110--11216		20,000  faucet hub
http://www.luckybitco.in/u:flipcoin	111--1912
https://freebitco.in/?r=3107	96----10771	4	30,000BTC min  Sun
http://fieldbitcoins.com/?ref=fc5fvq3616	109  --5561	0	10,000  to  wallet
https://bitcoinker.com/?r=1AAVSh9XaZiPFGo5iBfQQN6S3LgVJPELSi
http://zap.in/6LCY1	45--2137		20k 2 wallet
http://bfaucet.com/?ref=603	23-----221
http://dailyfreebits.com/?id=46734	30--660	9	518 /faucet hub
http://bitcoinx.co.in/19625	15--19024	2	20,000 to fau system
http://claimbtc.com/?r=cb34ddc7f8	11--17179	8	20,000 to wallet
MICRO - WALLET SITES
http://faucethub.io/r/472802	15747		total for micro
1AAVSh9XaZiPFGo5iBfQQN6S3LgVJPELSi	5518 sat		0.002  to wallet
1P1hDfxNvutwdRJEvuDh6qBYvcijeM77jZ	3474 sat		0.002 to wallet
http://ifaucet.net/?ref=67736
http://epay.info/Login/1AAVSh9XaZiPFGo5iBfQQN6S3LgVJPELSi/			prove by signature
http://epay.info/login/1P1hDfxNvutwdRJEvuDh6qBYvcijeM77jZ	565
http://faucetsystem.com/check/1AAVSh9XaZiPFGo5iBfQQN6S3LgVJPELSi	0
http://faucetsystem.com/check/1P1hDfxNvutwdRJEvuDh6qBYvcijeM77jZ	290
https://faucethub.io/balance/1AAVSh9XaZiPFGo5iBfQQN6S3LgVJPELSi	4790
http://faucethub.io/balance /1P1hDfxNvutwdRJEvuDh6qBYvcijeM77jZ	1475
https://coinpot.co/btc/1AAVSh9XaZiPFGo5iBfQQN6S3LgVJPELSi	3458 sat		micro w for moonbit
PROBLEMATIC BITCOIN SITES
http://www.bitcoinget.com/?r=1AAVSh9XaZiPFGo5iBfQQN6S3LgVJPELSi	56 ?	0	1000 bits for payout
http://www.scratch4satoshis.com/?r=688	3426 ?	8	10, 000  ifaucet.
http://referbitcoin.com/?r=14553	2965	0	60,000  to wallet
http://777bitco.in/?Referrer=28899	24,858	1	25,000 yo wallet
http://treebitcoin.com/?Referrer=2660	7001		NOT WORKING?

We had an estimate that the value of our bitcoins was about $70 where the value of bitcoins to dollar had  decreased from about  $2500  to $ 2000 . Yesterday it even dropped to $1900 but now its beginning to rise again , thats volatility. At the end of the year 2017 i will post again our bitcoin stocks and value vs dollar.  With regards to the updates on the work with bitcoins and cryptos , i will probably update results weekly , its tasking to surf the sites and post the results on a day to day basis. You can help me by registering with the links above , thank you. 

 

Study ,Get and Increase the number of bitcoins

Before creating my page on FB  i had already started being active again on bitcoin . 😃I am again starting almost in the middle of the year 2017 (June).  Creating a page on FB  pushes me to organize my thoughts  rather than whatever i think or found online related to bitcoin , i grab it so for now i have to follow my own guides as to what i had written on the NOTES from FB. 😉

To  make a picture of where we are heading and what we are doing , let us make a picture of where we are  and where we are going. Our goal is to earn additional income or increase the number of bitcoin by being active on the sources from where its available (in  faucets, mining sites, investments sites and others ) and also being educated on bitcoins.  

For the rest of the year 2017  July to  December 2017  there must be targets , it would be six (6) months from now and what we can do in relation to our goal.


* I have bitcoins in blockchain wallet , in mining sites,social networking , micro-wallets, cellphone or tablet, faucets, ad sites, trading and other cryptos wallet

   Mining sites ; 
        https://www.eobot.com/faucet,    https://hashflare.io/r/F87E01BA
            https://fleex.cc/ref/filicoin ,  https://www.genesis-mining.com/a/1113251
              https://adrianhibbert.swissgoldglobal.com/en/cryptocurrencies
               
      Social Networking ; 
         http://coinpole.com/?i=8047,  http://mellowads.com/94g3d  ( coinsns)
             http://www.bitlanders.com/register?c=gr234234__300970__0__0 

       Micro- wallets ; 
         http://faucethub.io/r/472802  ,  http://ifaucet.net/?ref=67736 
            http://epay.info/Login/1AAVSh9XaZiPFGo5iBfQQN6S3LgVJPELSi/   
            https://coinpot.co/btc/1AAVSh9XaZiPFGo5iBfQQN6S3LgVJPELSi
            http://faucetsystem.com/check/1AAVSh9XaZiPFGo5iBfQQN6S3LgVJPELSi

       From cellphone or tablet ;     
            coinmaker  ,   alien run ,  blockchain game, abundance 

       Ad sites ; 
             http://mellowads.com/?ref=6E040B5DB60D
             http://mypayingcryptoads.com/ref/5020

       Trading / Investments ;  
              https://1broker.com/m/r.php?i=4802  ,  

        Faucets ;     
         http://moonbit.co.in/?ref=779ac566780e ,  http://bonusbitcoin.co/?ref=29E936CF37A5 
         http://moondoge.co.in/?ref=336ce907d39c  ,   http://freedoge.co.in/?r=49067  
         http://mooliteco.in/?ref=3de840e59bcd  ,  http://getyourbitco.in/439828

          http://worldofbitco.in/215271 ,  http://url.vin/3v1mC   (xbit.co.in)
         http://zap.in/8WpFj  (fautsy) ,   http://timeforbitco.in/333425 ,  
         http://weatherx.co.in/245737 ,   http://sunbtc.space/284077 
         http://chronox.co.in/358745

        https://freebitco.in/?r=3107   ,  http://claimbtc.com/?r=cb34ddc7f8
        http://www.luckybitco.in/u:flipcoin  ,  http://dailyfreebits.com/?id=46734
        http://fieldbitcoins.com/?ref=fc5fvq3616  ,  http://zap.in/6LCY1   (bitcoinker)
        http://bitcoinx.co.in/19625  

        http://zap.in/4Sm2H (elena faucet 1) ,  http://zap.in/3VnnC  ( elena faucet 2) 
        http://zap.in/8cUwG  ( elena faucet 3) ,  http://zap.in/2Lxqf   (elena faucet 4) 
        http://bfaucet.com/?ref=603  

 *As you can see above these are  the sources of bitcoins and other cryptos but if you will examine each of these sites , its a combination of old and new sites. The old sites had paid to the wallets and there are sites that still had to be proven if they will pay or not. 

So it is a risk that we are facing.  The volatility of bitcoins and cryptos are also risk , the mere fact that we have a new currency technology that still had to be proven.  This day of the month of July is a day that bitcoin value depreciated from $2500 now to $2000 / bitcoin but we had undergone this weather the ups and downs. 

So the total bitcoins in my stock,  if we are to examine as of today it is only about $70  all in all excluding the other cryptos which are even smaller. 

* For the next six months to end the year , we are facing the volatility of bitcoins but based from  its eight years of development it is rising .  With my experience in getting and raising my number of bitcoins i would prefer bit mining as the number source. The trading or investments  for bitcoins are also great one.  Surfing for bitcoins at the faucet sites are time consuming and only a small of number of bitcoins could be earn provided there are lots of referrals which had to be recruited.  Good ads are necessary to do this, also takes time and money. 

The sources from which to learn about bitcoins were not discussed so maybe next article it would be about educating ourselves on bitcoins and cryptos.

                  

Summed up from 2013 experienced with bitcoin

Summing up the experienced with bitcoin involvement since 2013 is a foundation for analyzing the faults and achievements  before . The lessons or what had been experienced from the past should guide us in the direction to take in the years ahead in terms of technology and income. 

On FB the title was "What GBMM tackled with bitcoin since 2013 and the lessons thereat " 

From October 2013 to July 10 2017 there were 77 posted articles;

Summing up the posted articles reflects what i had achieved so far with my involvement with bitcoin . Involvement started actually with sharing generating power of the home computer which was being paid by company’s like “ peer gomez” , i was involve with this company.

They are paying though later i stop its because my home computer could not be working everyday 24 hours . From then on i happen to know coingeneration.com which was already involve with bitcoin but its more seen as a “ponzi” on its operation which was not really bitcoin mining.

And from coingeneration.com i knew “eobot.com” . Eobot.com is like peergomez in the sense that they give you free software and with the generation menus on your computer you can see the earnings. They were already mining other cryptos’ but i was only involve in the software generation as reflected from the software. The earnings from eobot.com software was small , the need for referrals is needed to get more earnings which is a weakness. So to augment or add up earnings from bitcoin I registered with faucet sites or micro wallet faucets as well as social network like “film annex” which is now “bitlanders” There was also a need to register with blockchain to have your bitcoin addresses where bitcoin sites or micro wallet pays. With bitcoin sites you only surf and click on the ads or complete the captcha and then you are being paid in bitcoins .

Surfing for bitcoins takes a lot of time and efforts, even with referrals the earning with bitcoin is still small so i switch to revenue sharing programs where in the first few months the program was good but then later it is no longer profitable for the websites and it just stop paying. The site that was popular then was traffic monsoon which was stop by paypal then SEC i was also registered with this site but all the good about the revenue sharing programs became scam . After the revenue sharing programs now comes this bitcoin surges where the value of 1 bitcoin went up to $2000 then slowly going up, some experts predicts that it would reach $10,000 per bitcoin.

What had been achieved from the past working for bitcoins

1. I had known bitcoin but under estimate that it would grow now this big so the potential for growing more was still there though i had not been serious enough to work on it the harder way. I work on getting bitcoins only thru faucets or by surfing ads for bitcoins, completing the captcha but not doing the mining part where the higher earnings would really come. Comparing mining with surfing and completing captcha i do think mining bitcoin and other cryptos had more value in terms of earnings, time and effort. Investing is another source to earn from bitcoins , though it needs studies how to be involve with this . Investing could be in the form of trading currency exchange or like polybius investing in ICOs .
2. In my observation people with more money had the ability to earn more with bitcoins because they can buy more , invest more and also have contacts . They can just switch their capital and contacts to bitcoin business. So its a challenge for those whose money are only from salaries, where its a risk to invest more money and time.
3. In starting again the former bitcoin sites would be the first source of bitcoins . The sites should be chosen in terms of what sites gives the big value for bitcoins and do away with small earnings which take a lot of time. Mining should be started but had to be aware of possible scammed. Bitcoin sites that had been a scammer should be exposed and listed with the proof of their cases. Investing with bitcoin should be studied and tried.
4. Joining groups related to bitcoin courses, studies , developments is a must to know the present status worldwide of the technology and currency .

Creating and Posting on FB

GenerateBitcoinMakeMoney.blogspot.com had been a blogsite since 2013 and i had not put it on FB though i have an account and pages on FB.  Its only now that i decided to start posting articles related to  GBMM.  Actually the main concern was to influence lots of would be bitcoin enthusiast and lovers to join with the new technology. 

Sharing , educating and influencing people would be beneficial for all since the "new currency and technology " would be great.  Articles from the blogsite would be transferred to fb page and there are some articles in FB  that are related to GBMM that could be shared which probably could not make it to the blogsite. 

The first note that i shared with FB ;  https://www.facebook.com/fllicoin/

Putting GBMM (generate bitcoin make money) on FB



GENERATEBITCOINMAKEMONEY·TUESDAY, JULY 11, 2017

I have known bitcoin since the year 2013 though it was invented only in 2009 , so its about four years from bitcoin being a scrypt. In 2013 i created “generatebitcoinmakemoney” blogsite on that time when i found out that a computer can be used as a generation extension of companies like “ peergomez.” This site pays you for using your computer for their services. The problem with the business was that the computer had to run every day and within 24 hours. 

I had to find other income on the net until i found “coingeneration” which was already engage in bitcoin but later scam the members for not paying , then i knew about eobot a mining site , then i still dont understand well about bitcoin. 

What i knew of bitcoin before was it will be a new currency on the net ? So if it was a currency , then i have to increase my number of bitcoins and exhange it dollar but during those years the bitcoin is not that big value. If i knew that it that the value will be this big now worth about $2000 going to $3000 i should have continued stocking bitcoins.


Experiencing that bitcoin not worth a value before i shifted to other income programs but unluckily programs dont work like “revenue sharing programs” that also turn out to be scamming members. It is usually starts good then later it turns bad, so probably thats the nature of some net programs. So creating a page for GBMM on facebook would be an extension of educating and informing others about bitcoin , eventually getting them to join programs that i am registered . The goal was to inform , educate and earn or stock bitcoin for later use.


Please visit my FB page about GenerateBitcoinMakeMoney like it and comment  

Pissed On bad bitcoin sites

Its really a bad day when you encounter sites that are not  site friendly.  Though i had a lot of experienced with bad sites. There are lots of them on the internet i know there will be and since i am being active again with "bitcoin" , i am sure there are sites and  people who like to earn big time in such a short time , they will used any means to swindle , rob and trick members. 

So i will post an article about this bad sites,  so others can also share their experienced and also learn and  be very careful.  


 http://referbitcoin.com/?r=14553  -  i am old member of this bitcoin sites . Yesterday July 7, 2017 probably is the last day i was able to login and got my bitcoin to date  My total satoshis for now is 2,965 , though there are still a lot to add up and withdraw . Now July 8, 2017 , i can no longer login , it says that the captcha is not correct.  I had probably login 10 times i cannot .

This is the login site of referbitcoin  

Since there was no way to contact , no admin of this site i posted a message of complaint on Facebook ,  there was also no admin . I just have to wait for there explanation .

I am now of the thinking that this probably is tricking old members and get away with satoshis if i have  2000 +  and also others have their number of satoshis,   thats like robbing some people of new currency  and have their day but i hope  i can still get my satoshis and if not then , LET THIS BE A RECORD ON THE NET . 

I am saying that they probably are tricking some members  because they are not informing of any changes with the site , when members are still active like me. Look at the new menu '

Thge image of menus and buttons on the left side are new , why the changes and not informing of the members ? 

 

Coin SNS another bitcoin social network

Coinpole is what i consider as a bitcoin social network but i forgot one site that i registered before which they claimed to be a bitcoin social network and this is CoinSns.com . This site was the one that invited me to coinpole.com in which a member must have registered the site to the list of  Free bitcoin websites in coinpole. 

Visiting coinsns had revealed to me that i still have a number of bitcoins and a few number more are for withdrawals.  

COIN SNS from the inside ; 

CoinsSns which is different from coinpole is more getting a lot of members from different countries which we can see that there are a lot of languages which can be spoken inside. 

Members can choose a personal or business account or both with many different kind of activities.  There are also blog space to use and communicate with others inside and outside. 

At the moment there coins being promoted inside the bitcoin and ethereum and there are also task programs where you can also get free bitcons.  

Ultimately there is a cap before you can withdraw your bitcoins and ethereum , check the inside of coinsns.com